According to Bloomberg, Moonshot AI, the Beijing-based startup behind the Kimi chatbot, raised approximately $2 billion in a funding round led by Meituan's venture arm Long-Z Investments, valuing the company at more than $20 billion. The company's annual recurring revenue exceeded $200 million in

SC Ventures, the fintech arm of Standard Chartered, has invested in GSR, introducing itself as the first external strategic shareholder in the crypto liquidity provider since its founding. The partnership will focus on developing infrastructure for institutional participation in digital asset

According to The Block, a16z crypto has completed a $2.2 billion fifth fund, down from the $4.5 billion fourth fund in 2022. The venture capital firm's crypto arm said it intentionally returned to a smaller fund size. "Shorter fundraising cycles allow us to keep pace with evolving crypto trends," sa

Standard Chartered's fintech arm SC Ventures acquired a strategic investment stake in GSR, a crypto capital markets and liquidity provider, on May 4, according to official statements. The transaction values GSR at over $1 billion, marking SC Ventures' first external strategic shareholder position si

According to Bloomberg, Standard Chartered's venture arm SCVentures has invested in GSR, a crypto trading and market-making company, valuing it above $1 billion. GSR is currently in talks with strategic investors for an additional $150 million funding round to expand operations. The company,

According to ChainCatcher, Sierra, an enterprise AI startup founded by OpenAI board chair Bret Taylor and former Google executive Clay Bavor, has completed a $950 million Series E funding round at a post-money valuation of $15.8 billion. The round was led by Tiger Global and Alphabet's venture arm G

According to an announcement on Tuesday, SC Ventures, the fintech and investment arm of Standard Chartered, has become the first external strategic shareholder of GSR following a strategic investment in the crypto market maker. The firms declined to disclose the investment size. GSR CEO Xin Song

According to ChainCatcher, Nvidia's venture capital arm NVentures has participated in Legora's $50 million Series D extension round, marking its first investment in legal AI. The Swedish legal tech startup, which competes with Harvey, saw its annual recurring revenue (ARR) exceed $100 million,

According to CNBC, PayPal plans to spin off Venmo as a standalone segment as part of a broader reorganization. The company will create a PayPal-branded unit for merchants and consumers, and a separate payment services arm that includes Braintree and its crypto business. PayPal is recruiting a

According to PANews, a major cryptocurrency exchange launched perpetual futures contracts for Advanced Micro Devices (AMD), ARM, Intel (INTC), Micron (MU), and SanDisk (SNDK) on April 29, with trading pairs